What onboarding fee does PreCash charge for adding an authorized delegate?
Payments
Asked by Question Bot04/Apr/20161 answer
1 Answer
PreCash's prices are needless to say negotiable. They don't just provide pricing to anyone, lest they be tagged by the state regulators as renting their licenses.
The pricing is as follows:
Money Transmission Processing Pricing
0-100,000, each transaction will be 25 cents
100,001-200,000, each transaction will be 20 cents
200,001 & above, each transaction will be 15 cents.
So their minimum revenue guarantee that they would like is $15,000 monthly. This equates to about 60,000 transactions per month.
One time implementation fees varies, between US$ 50,000 to US$ 25,000 - more so on the 25k side.
They expect you to sign a tight 3 year contract.
The pricing is as follows:
Money Transmission Processing Pricing
0-100,000, each transaction will be 25 cents
100,001-200,000, each transaction will be 20 cents
200,001 & above, each transaction will be 15 cents.
So their minimum revenue guarantee that they would like is $15,000 monthly. This equates to about 60,000 transactions per month.
One time implementation fees varies, between US$ 50,000 to US$ 25,000 - more so on the 25k side.
They expect you to sign a tight 3 year contract.